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MUSA vs. BALT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MUSA vs. BALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Murphy USA Inc. (MUSA) and Innovator Defined Wealth Shield ETF (BALT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MUSA achieves a 42.11% return, which is significantly higher than BALT's 2.06% return.


MUSA

1D
0.33%
1M
1.16%
YTD
42.11%
6M
40.00%
1Y
43.84%
3Y*
26.11%
5Y*
35.34%
10Y*
23.47%

BALT

1D
-0.07%
1M
0.35%
YTD
2.06%
6M
3.34%
1Y
7.01%
3Y*
7.16%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

MUSA vs. BALT - Yearly Performance Comparison


2026 (YTD)20252024202320222021
MUSA
Murphy USA Inc.
42.11%-19.15%41.27%28.20%41.02%49.89%
BALT
Innovator Defined Wealth Shield ETF
2.06%6.65%9.98%7.45%2.54%0.91%

Correlation

The correlation between MUSA and BALT is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.09

Correlation (All Time)
Calculated using the full available price history since Jul 1, 2021

0.15

The correlation between MUSA and BALT shifts across timeframes, from -0.06 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

MUSA vs. BALT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MUSA
MUSA Risk / Return Rank: 7474
Overall Rank
MUSA Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
MUSA Sortino Ratio Rank: 7070
Sortino Ratio Rank
MUSA Omega Ratio Rank: 7272
Omega Ratio Rank
MUSA Calmar Ratio Rank: 7878
Calmar Ratio Rank
MUSA Martin Ratio Rank: 7575
Martin Ratio Rank

BALT
BALT Risk / Return Rank: 9494
Overall Rank
BALT Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
BALT Sortino Ratio Rank: 9595
Sortino Ratio Rank
BALT Omega Ratio Rank: 9595
Omega Ratio Rank
BALT Calmar Ratio Rank: 9393
Calmar Ratio Rank
BALT Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MUSA vs. BALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Murphy USA Inc. (MUSA) and Innovator Defined Wealth Shield ETF (BALT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MUSABALTDifference
Sharpe ratioReturn per unit of total volatility

-2.13

Sortino ratioReturn per unit of downside risk

-3.33

Omega ratioGain probability vs. loss probability

1.23

1.70

-0.47

Calmar ratioReturn relative to maximum drawdown

2.23

6.10

-3.87

Martin ratioReturn relative to average drawdown

4.58

22.78

-18.20

MUSA vs. BALT - Sharpe Ratio Comparison

The current MUSA Sharpe Ratio is 1.12, which is lower than the BALT Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of MUSA and BALT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

MUSA vs. BALT - Drawdown Comparison

The maximum MUSA drawdown since its inception was -35.54%, which is greater than BALT's maximum drawdown of -4.89%. Use the drawdown chart below to compare losses from any high point for MUSA and BALT.


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Drawdown Indicators


MUSABALTDifference

Max Drawdown

Largest peak-to-trough decline

-35.54%

-4.89%

-30.65%

Max Drawdown (1Y)

Largest decline over 1 year

-19.72%

-1.15%

-18.57%

Max Drawdown (3Y)

Largest decline over 3 years

-35.54%

-4.89%

-30.65%

Max Drawdown (5Y)

Largest decline over 5 years

-35.54%

Max Drawdown (10Y)

Largest decline over 10 years

-35.54%

Current Drawdown

Current decline from peak

-8.14%

-0.07%

-8.07%

Average Drawdown

Average peak-to-trough decline

-9.97%

-0.34%

-9.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.60%

0.31%

+9.29%

Volatility

MUSA vs. BALT - Volatility Comparison

Murphy USA Inc. (MUSA) has a higher volatility of 13.94% compared to Innovator Defined Wealth Shield ETF (BALT) at 0.27%. This indicates that MUSA's price experiences larger fluctuations and is considered to be riskier than BALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MUSABALTDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.94%

0.27%

+13.67%

Volatility (6M)

Calculated over the trailing 6-month period

30.85%

1.52%

+29.33%

Volatility (1Y)

Calculated over the trailing 1-year period

39.40%

2.17%

+37.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.54%

3.30%

+27.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.40%

3.30%

+28.10%

Dividends

MUSA vs. BALT - Dividend Comparison

MUSA's dividend yield for the trailing twelve months is around 0.42%, while BALT has not paid dividends to shareholders.


PositionTTM202520242023202220212020
BALT
Innovator Defined Wealth Shield ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MUSA
Murphy USA Inc.
0.42%0.53%0.36%0.43%0.45%0.52%0.19%

Frequently Asked Questions


MUSA and BALT have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MUSA has higher volatility (13.94%) compared to BALT (0.27%). In terms of maximum drawdown, MUSA dropped -35.54% vs BALT's -4.89%.

BALT currently has the higher Sharpe Ratio (3.26 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for MUSA and BALT

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